Diesel
India state retailers gasoil sales rose in April
Indian state fuel retailers' gasoil sales rose in April from the previous month, preliminary sales data showed, indicating a pick up in economic activity.
India cuts windfall tax on petroleum crude
India has cut the windfall tax on petroleum crude to ₹4,100 per ton from ₹6,400 per ton.
California moves to phase-out diesel-powered trucks, cut locomotive pollution
California regulators approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.
Australia's Ampol first-quarter refining margins jump on solid fuel sales
Australia's Ampol Ltd on Thursday reported a 40.7% expansion in refining margins at its Lytton refinery in Queensland, powered by higher prices for refined products such as petrol and diesel with continued strong performance across all segments.
Finland's Neste misses first-quarter earnings estimates, warns of market volatility
Finland's Neste on Friday posted weaker than expected first-quarter operating earnings and said forecasting both biofuels and oil sales margins will continue to be difficult owing to market volatility.
Japan's Cosmo to keep current refining capacity at least until 2030
Cosmo Energy Holdings Co Ltd plans to keep the current refining capacity at least until 2030 despite an expected fall in gasoline demand in Japan due to aging population and higher sales of electric vehicles.
Global refinery margins lose steam as Russian oil finds new outlets
Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.
Raven SR and Cap Clean Energy to collaborate on Canadian SAF and renewable diesel projects
Raven SR Inc. and Cap Clean Energy Corp. announced they have signed a memorandum of understanding to co-develop biofuels facilities in Canada to produce sustainable aviation fuel and renewable diesel for the heavy-duty transport sector.
Turkey top destination for Russian diesel after EU embargo
Turkey remains the top destination for Russian diesel exports after an embargo on shipments to Europe forced traders to divert supplies to Asia, Africa, the Middle East and ship-to-ship loadings.
U.S. diesel stocks tighten but fear of shortage eases
U.S. inventories of distillate fuel oils such as diesel and heating oil have been depleting since the start of March, reversing some of the accumulation over the previous five months, mostly because of an acceleration in exports.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
